BlackRock, Sands Capital Lead $300-Million Investment in Byju’s

BlackRock, Sands Capital Lead $300-Million Investment in Byju’s

India’s online education startup Byju’s raised funding from BlackRock Inc., Sands Capital and Alkeon Capital, as the company expands to meet growing demand for its services. The round totaled about $300 million and values Byju’s at about $11 billion, according to a...
Reliance raises $22.43bn from stake sales at retail, digital arms

Reliance raises $22.43bn from stake sales at retail, digital arms

Reliance Industries Ltd, controlled by Asia’s richest man Mukesh Ambani, has raised 1.65 trillion rupees ($22.43 billion) over the past few months through stake sales at its digital unit Jio Platforms and its retail arm Reliance Retail Ventures. – On Wednesday...
KKR Nears $3 Billion-Plus Deal to Buy 1-800 Contacts

KKR Nears $3 Billion-Plus Deal to Buy 1-800 Contacts

KKR & Co. is in advanced talks to buy 1-800 Contacts for more than $3 billion from AEA Investors, according to people familiar with the matter. KKR beat out rival private equity firms in an auction for the contact lens retailer, said the people, who asked to not...
Private equity giant Apollo leads £6.5bn race to buy Asda

Private equity giant Apollo leads £6.5bn race to buy Asda

The private-equity firm Apollo Global Management is thought to have edged into the lead in the £6.5bn bidding war for Asda after its rival Lone Star Funds dropped out. It is believed that a third bid from private equity firm TDR Capital remains in the running – the...